If you want to be a loan officer for a Kansas City mortgage company, there are a few things you should consider before throwing yourself into the application process:

  • Your preparedness for the position
  • What type of mortgage company fits your work ethic
  • Your qualifications

Hard Work, High Stress, Big Rewards

Being a loan officer can be a very lucrative profession, but it’s certainly not for everyone. The average salary for a loan officer in Kansas City is around $85,000, but several factors should be kept in mind about the nature of this average. First, salaries are often commission-based. Second, many of your deals will fall through, so commission will be inconsistent. However, with the combination of hard work, the right connections, and luck, successful loan officers can make a six figure salary.

In addition to a loan officer’s salary at a Kansas City mortgage company, you get much more flexibility than the average career. Many loan officers work from 10am to 8pm, instead of 8am to 5pm. These hours accommodate the laws that restrict when loan officers can solicit potential borrowers.

Lastly, loan officers are the bridge between people and their dreams. With every successful loan closing you will have enabled a person, group, or family to get the home they want or need.

Where To Work

If you think you’re up for the job, it’s time to consider what kind of mortgage company you’d like to work for. Consider whether you would like to be a loan officer for a small, large, or mid-size Kansas City mortgage company. When you come up with a comprehensive list of possibilities, be sure to find out what and how you are paid, as this can differ greatly from company to company.

Education & Work Experience

As in any job search, educational and work experience will play a major role in what positions you qualify for. Educational requirements vary widely from a college degree to not even a high school diploma. Most loan officers are required to be certified by taking the Mortgage Loan Originator test.

Looking for a Kansas City Mortgage Company?

Contact Cornerstone Mortgage, Inc. Today to Launch Your Career

The above information is for educational purposes only. All information, loan programs and interest rates are subject to change without notice. All loans subject to underwriter approval. Terms and conditions apply. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.